...although we made the trade for different reasons it sure worked out. I was too blinded by a bigger picture pattern to realize this had setup. I would have covered around 927 if i had been aware of the pattern.

I have been pointing at the 910 level since early Monday morning. Given the confluence of this bigger butterfly pattern and these extreme closing tick readings, 910 remains a downside target for this week in my mind.

Also I noticed today the market has been rallying into news and collapsing when the news is actually released. Perhaps pump and dump is back in vogue.

Thanks for that chart Vo...it's always cool to see us all jumping in for different reasons....

"Bruce here is our shorts from around 39 ...although we made the trade for different reasons it sure worked out. I was too blinded by a bigger picture pattern to realize this had setup. I would have covered around 927 if i had been aware of the pattern."